UKWIR appoints Royal HaskoningDHV and Cranfield University to assess future of risk management
UK Water Industry Research (UKWIR) has appointed global engineering consultancy Royal HaskoningDHV, working in partnership with Cranfield University, to investigate what the future of asset risk management could entail for the UK water sector.
This project is part of UKWIR’s 12 Big Questions, which form its research roadmap to developing a sustainable water sector.
Royal HaskoningDHV and Cranfield University will be looking into how the water sector can better contribute to creating positive value for society through asset management decision making. For example, by improving risk management along with applying emerging technologies to become more sustainable and adaptable to the challenges the industry faces.
Consideration is given to managing risk at an individual asset, system or systems level to reflect the complexity of water industry operations. This project draws on global water industry experience as well as expertise and practices from other sectors to produce a research roadmap. This is designed to deliver an idealised vision for the future of risk management of water industry assets.
UKWIR’s programme manager Chris Royce said: “This is a the first of several very exciting projects which will help build asset and investment planning capability over the next decade. It's over 15 years since UKWIR facilitated the development of forward-looking risk-based approaches. This project plans to take risk-based planning to the next level. This project will ensure that we are able to respond to our current and future customers requirements.”
Royal HaskoningDHV’s water sector director Paul Lavender said: “We are excited to be working with UKWIR and industry stakeholders to understand the opportunities for improved risk management. We want this project to genuine reflect best practice and encourage contributions from companies within and outside the sector, who want recognition of their work in this field. We have an opportunity to enhance society together by making use of the latest advances in digital technology for improved decision making.”
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